DAX AS EXPECTED AFTER MAKING DOUBLE BOTTOM & AS MENTIONED DIVERGENCE IN RSI WILL GIVE MORE WEIGHTAGE & ++VE FOR DAX IN COMING DAYS.. NOW DAX IS TRADING UP ALMOST 12% FROM LOW OF 4960 CMP 5590.. SO WHAT NEXT ???
IF DAX CONTINUE TO TRADE ABOVE 5600 AND GIVE CLOSE ABOVE 5650 FOR 2 DAYS THEN WE CAN SEE RALLY CONTINUE TOWARDS 6100 LEVELS IN COMINGS DAYS...
OTHER SIDE FAILURE TO BREAK 5650, WE CAN SEE SHARP FALL TOWARDS 5100 BY NEXT WEEK...
